Interest rates

We've made changes to the Cash Advance Interest Rate on some of our credit cards. Find out more.

Loans

Home loans

Current rates p.a.

* Minimum 20% equity. The standard 1 year rate is 4.70% p.a., the standard 2 year rate is 4.75% p.a., the standard 3 year rate is 5.00% p.a. (Specials are also available for Welcome Home Loan customers).+ For all Bridging loans, the interest rate will be 1% above Kiwibank's variable interest rate.A default interest rate, which is your current interest rate plus 5% p.a. may be charged on each amount that is either overdue or over the limit of your home loan component or portion.

Personal loans

Current rates p.a.*

* Interest rate available for new lending on personal loan applications drawn down from 1 Sep 2015, subject to lending and credit criteria. Where new lending is consolidated with an existing Kiwibank or Latitude provided personal loan, a blended interest rate will apply. The interest rate and repayment amount will remain the same for the term of the loan.

Car loans

Current rates p.a.

* The interest rate will vary depending on a number of factors including amount borrowed, term, your credit rating and security offered. The interest rate and repayment amount will remain the same for the term of the loan.

Online Call

Notice Saver

Current rates p.a.

Fees

There are no account fees. An immediate withdrawal will incur an Immediate Withdrawal Charge. The amount of the Charge varies depending on the length of the notice period, the current rate of return, and the amount you wish to withdraw.

Access Term Deposit

Current rates p.a.

Fees

No account management or transaction fees. Early termination fees may apply if you break more than 20% of your initial deposit. The amount of the fee varies depending on the current interest rates and term length.

PIE Online Call*

Current rates

Effective rate

* Minimum deposit $2,000

The effective rate takes into account the potential tax rate savings relative to interest earned on a direct investment that would otherwise be assessed at the top marginal tax rate (which is higher than the maximum tax rate on PIE returns). The effective rate may vary depending on the investor's personal taxation position.

Bonus return - earned if no withdrawals are made during the month (Class A)

1.75% p.a.

1.88% p.a. if you pay tax at the top marginal rate

Base return - earned if a withdrawal is made during the month (Class B)

0.75% p.a.

0.81% p.a. if you pay tax at the top marginal rate

PIE Term Deposit

Current rates

Effective rate

The effective rate takes into account the potential tax rate savings relative to interest earned on a direct investment that would otherwise be assessed at the top marginal tax rate (which is higher than the maximum tax rate on PIE returns). The effective rate may vary depending on the investor's personal taxation position.